Adani Power's Q1 net profit zooms 83% to Rs 8,759 crore supported by other income

Adani Power

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Adani Power on August 3 reported consolidated net profit for the quarter ended June 2023 at Rs 8,759.42 crore, rising 83.25 percent over Rs 4,779.86 crore reported in the same quarter last fiscal, supported largely by massive other income.

The revenue from operations came in at Rs 11,005.54 crore, down 19.80 percent from Rs 13,723.06 crore reported during the corresponding quarter, last fiscal, it said in an exchange filing.

The company reported other income of Rs 7,103.47 crore, multiple times more than previous quarter and quarter year ago. It includes one-time recognition of prior period regulatory revenue amounting to Rs 6,497
crore, primarily on account of late payment surcharge.

Its consolidated EBITDA for Q1 FY24 was higher by 41.5 percent at Rs 10,618 crore versus Rs 7,506 crore in Q1 FY23 mainly due to higher one-time revenue recognition and incremental contribution of Godda power plant.

Adani Power said installed capacity of the company grew from 13,650 MW as of 30th June 2022 to 15,250 MW as of 30th June 2023 after commissioning of the 1,600 MW Godda Ultra-supercritical Power Plant, which supplies cross-border power to Bangladesh.

"Adani Power has increased its lead among IPPs with commissioning of the 1,600 MW Godda USCTPP and entered a new era of transnational power sales. We are proud to support Bangladesh in enhancing the means available to its high-potential economy for fulfilling aspirations of its hard-working and enterprising population,” said S B Khyalia, CEO, Adani Power Limited.

During the quarter ended, the company achieved an average consolidated Plant Load Factor (PLF) of 60.1 percent and sales of 17.5 Billion Units (BU) on an installed capacity of 15,250 MW, as compared to consolidated PLF of 58.6 percent and sales volume of 16.3 BU on an installed capacity of 13,650 MW in the quarter ended 30th June 2022.

The power plants at Udupi, Raipur, Raigarh, and Mahan achieved an increase in PLF, while power plants at Mundra, Tiroda, and Kawai achieved lower PLF due to erratic weather conditions leading to backdown from DISCOMs. Incremental generation capacity of the 1,600 MW Godda Ultra-supercritical thermal power plant contributed to the increase in sales volumes for Q1 FY 2023-24.